Tag: economy

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Good economy? Bad economy? In the end, can you make a trade?

During a discussion tonight with friends, the issue came up about whether the Biden administration has created a good economy. One participant decided to put out there for consideration the economic data points often cited by the mainstream media. The participant cited inflation, arguing that inflation has been coming down under the Biden administration, moving … Continue reading Good economy? Bad economy? In the end, can you make a trade?

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Should a president be allowed to manage the economy where she doesn’t provide actual facts?

If a president can’t give you full facts about the political economy, then should she be managing it? Last week, U.S. President Joe Biden announced that “inflation was at the pre-pandemic benchmark of 2 percent over the last six months of 2023.” The problem with this statement is that if year-over-year inflation was two percent during the … Continue reading Should a president be allowed to manage the economy where she doesn’t provide actual facts?